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Option Greeks

Options Greeks help a trader to ascertain change in the price of an Option due to change in various factors.

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Option Greeks are Greek Letters like Delta, Gamma, Vega, Theta, and Rho with each letter measuring an aspect of the risk in an option position. The Option Greeks allow traders to calculate changes in the value of the option with changes in the factors like the price of the underlying, volatility in price, time to expiry, risk-free rate of interest and strike price.

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